ACCOUNTANCY

PROJECT FILE
BY-ADITYA CHAKRABORTY
XI-C
 TRANSACTIONS
DATE TRANSACTION AMOUNT

2024 Siya ram & sons commenced business with cash 2,00,000

April 1 Purchased office furniture for cash 20,000

April 3 Purchased goods for cash 50,000

April 8 Purchased goods- from Vishal Trading Co. 25,000

from Mohan garments 16,000
April 10 Returned goods to Vishal Trading Co. 5,000

April 14 Paid cash to Vishal Trading Co. in full settlement of their account, after deducting 5%
cash discount
April 15 Sold goods for cash 40,000
DATE TRANSACTION AMOUNT

April 18 Sold goods to Hero Limited, less 10% trade discount 30,000

April 20 Siya Ram withdrew from business for his personal use- Cash 10,000
Goods 4,000
April 21 Paid to Mohan Garments 7,800
Discount received 200
April 22 Received from Hero Limited 8,850
Discount Allowed 150
April 25 Sold goods to Hansraj Ltd. For cash 12,000

April 28 Purchased goods from Pawan Brothers 24,000

Date
Journal
Particulars L.F Amount Amount
Dr. Cr.
April 1 Cash A/c Dr. 2,00,000
To Capital A/c 2,00,000
(started business with cash)

April 3 Furniture A/c Dr. 20,000

To Cash A/c 20,000
(Furniture purchased for cash)

April 5 Purchases A/c Dr. 50,000

To Cash A/c 50,000
(Goods purchased for cash)

April 8 Purchases A/c Dr. 41,000

To Vishal trading co. 25,000
To Mohan Garments 16,000
(Goods purchased on credit)

April 10 Vishal Trading Co. Dr. 5,000

To purchases Returns A/c 5,000
(Goods returned to Vishal Trading Co.)
Date Particulars L.F Amount Amount
Dr. Cr.
April 14 Vishal Trading Co. Dr. 20,000
To Cash A/c 19,000
To Discount Received A/c 1,000
(Cash paid and discount received)
April 15 Cash A/c Dr. 40,000
To Sales A/c 40,000
(Goods sold for cash)
April 18 Hero Limited Dr. 27,000
To sales A/c 27,000
(Goods sold for cash)
April 20 Drawings A/c Dr. 14,000
To Cash A/c 10,000
To purchases A/c 4,000
(Cash and goods withdrew by proprietor for his
personal use)
April 21 Mohan Garments Dr.
To cash A/c
To discount Received A/c
(Cash paid and discount received)
Date Particulars L.F Amount Amount
Dr. Cr.

April 22 Cash A/c Dr. 8,850

Discount Allowed A/c Dr. 150
To Hero Limited 9,000
(Cash received and discount allowed)

April 25 Cash A/c Dr. 12,000

To sales A/c 12,000
(Goods sold for cash)

April 28 Purchases A/c Dr. 24,000

To Pawan Brothers 24,000
(Goods purchased on credit)
Ledger
CASH ACCOUNT
Dr. Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 1 To Capital A/c 2,00,000 April 3 By Furniture A/c 20,000
April 15 To sales A/c 40,000 April 5 By Purchases A/c 50,000

April 22 To Hero Limited 8,850 April 14 By Vishal Trading 19,000

Co.
April 25 To Sales A/c 12,000 April 20 By Drawings A/c 10,000
April 21 By Mohan 7,800
Garments
 CAPITAL ACCOUNT Cr.
Dr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 1 By Cash A/c 2,00,000

FURNITURE ACCOUNT
Dr. Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 3 To Cash A/c 20,000

Dr. PURCHASES ACCOUNT Cr.

Date Particulars J.F Amount Date Particulars J.F Amount
2023 2023
April 5 To Cash A/c 50,000 April 20 By Drawings A/c 4,000
April 8 To Vishal Trading Co. 25,000
April 8 To Mohan Garments 16,000
April 28 To Pawan Brothers 24,000
Dr. VISHAL TRADING CO. Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023 2023
April 10 To Purchases 5,000 April 8 By Purchases A/c 25,000
Return A/c
April 14 To Cash A/c 19,000
April 14 To Discount 1,000
Received A/c

Dr. MOHAN GARMENTS Cr.

Date Particulars J.F Amount Date Particulars J.F Amount
2023 2023
April 21 To Cash A/c 7,800 April 8 By Purchases A/c 16,000
April 21 To Discount 200
Received A/c
Dr. PURCHASES RETURN ACCOUNT Cr.
Date Particulars J.F Amount Date Particulars J.F Amount

2023

April 10 By Vishal Trading Co. 5,000

DISCOUNT RECEIVED ACCOUNT

Dr. Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 14 By Vishal Trading
co.
April 21 By Mohan
Garments
 SALES ACCOUNT
Dr. Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 15 By Cash A/c 40,000
April 18 By Hero Limited 27,000
April 25 By Cash A/c 12,000

Dr. HERO LIMITED Cr.

Date Particulars J.F Amount Date Particulars J.F Amount
2023 2023
April 18 To Sales A/c 27,000 April 22 By cash 8,850
A/c
April 22 By 150
Discount
Allowed
Dr.
DRAWINGS ACCOUNT Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 20 To Cash A/c 10,000
April 20 To Purchases A/c 4,000

Dr.
DISCOUNT ALLOWED ACCOUNT
Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 22 To Hero Limited 150

Dr.
PAWAN BROTHERS Cr.
Date Particulars J.F Amount Date Particulars J.F Amount
2023
April 28 By Purchases A/c 24,000